ang drama at ang gulo mo, obvious na hindi ka sanay sa factual na kwentuhan. you don't need to justify kung bakit wala pa nasimulan sa BBB. it is not the fault of the admin. it is their propagandists, unfortunately, that adds undue pressure on them to show BBB is working when it is a long term plan, kasi malalaking proyekto ito. ambitious nga tawag ng iba.

_________________"I will make you an offer you can't refuse." - Michael Corleone

The Asian Development Bank will extend at least $7.1 billion in loans to the Philippines from 2019 to 2021, mainly to support the Duterte administration’s ambitious infrastructure program.

In a statement, the Manila-based multilateral lender said it signed last week a memorandum of understanding with state planning agency National Economic and Development Authority for the indicative sovereign lending program covering the next three years.

Two-thirds of the proposed lending program or $4.5 billion will be allocated for projects that connect regions and communities and manage urbanization, such as railways, bridges, roads, and flood management under the “Build, Build, Build” program, the ADB said.

The balance is for policy support and social assistance in the areas of inclusive finance, capital market development, local government development, and youth employment, it added.

In general, “the ADB’s Country Operations Business Plan 2019-2021 will focus on the strategic priorities of accelerating infrastructure and long-term investments, promoting local economic development, and investing in people to support the government’s objective of lowering poverty to 14 percent of population by 2022, from the current 21.6 percent,” it said.

The ADB said it was committed to working closely with the Philippine government to ensure the delivery of these projects, ADB country director for the Philippines Kelly Bird said.

“I am very happy about this program. The ADB has been very cooperative and helpful in our objectives to sustain our economic growth and achieve inclusive development. This will help bring us closer to our longer-term vision of a prosperous, middle-income country where no one is poor by 2040,” Socioeconomic Planning Secretary and Neda chief Ernesto M. Pernia was quoted by the ADB as saying.

“The ADB has been a very responsive partner. When we asked them to consider cofinancing some of the large infrastructure projects under the ‘Build, Build, Build’ program, the ADB immediately stepped up to the challenge,” Finance Assistant Secretary Maria Edita Z. Tan said.

The ADB and the Japan International Cooperation Agency are eyeing to cofinance two massive railway projects connecting Metro Manila to Pampanga up north and Laguna down south.

The P211.4-billion Philippine National Railways North 2 project as well as the P124.1-billion PNR South Commuter or the North-South Railway Project-South Line were both being prepared for a cofinancing arrangement between the ADB and Jica, the ADB’s Philippine office said last month.

Based on the ADB timetable, its counterpart financing for PNR North 2 will be up for approval next year, while that for the south line was seen approved in 2020.

For Jica’s part, senior representative Tetsuya Yamada earlier said the aid agency was “considering cofinancing PNR North 2 and South Commuter with the ADB.”

Earlier documents showed the loan agreement for the PNR North 2 was expected to be signed by the fourth quarter.

Metro Pacific Tollways Corp., whose projects include North Luzon Expressway and Subic Clark Tarlac Expressway, is expecting to finish the 8.5-kilometer CCLEx in about three years, or by March 2021.

It will be the province’s third bridge linking Mactan Island, where Cebu’s international airport is located, and Cebu City, which is suffering from worsening road congestion.

Initial findings by the Japan International Cooperation Agency revealed that Metro Cebu loses around P1.1 billion per day due to traffic jams.

“It will cut travel time by half,” Metro Pacific Tollways CEO Rodrigo Franco told reporters on the sidelines of an event to jump-start the civil works for CCLEx.

He said CCLEx, the first bridge in the southern portion of Cebu City, would decongest the two existing bridges to Mactan Island by providing an alternative route for motorists. The target toll fee is P89, he said.

“There is a good value of time recognition among Cebuanos. Like in Metro Manila, they also see the congestion in the city,” Franco added.

CCLEx’s most distinct feature is its main bridge, a twin pylon cable-stayed structure, which will feature a lighted cross in recognition of the province’s historic Catholic roots.

The civil works contractors are Spain’s Acciona Construccion S.A., First Balfour Inc. and D.M. Consunji Inc.

The project also stands out because of its close partnerships with local government units. CCLEx is a venture with the City of Cebu and Municipality of Cordova.

The latter is expecting to see a dramatic shift in its economy, said Adelino Sitoy, former Cordova mayor and now secretary of the Presidential Legislative Liaison Office.

“I have been dreaming of this project for almost 30 years,” Sitoy told reporters.

He said land values in Cordova, one of the province’s smallest municipalities with a population of around 60,000 people, have surged. Tourism developments are also expected to pick up with the completion of the bridge.

For Franco, the CCLEx project marks the start of possible new expressway ventures in other parts of the Philippines.

Metro Pacific Tollways Corp., whose projects include North Luzon Expressway and Subic Clark Tarlac Expressway, is expecting to finish the 8.5-kilometer CCLEx in about three years, or by March 2021.

It will be the province’s third bridge linking Mactan Island, where Cebu’s international airport is located, and Cebu City, which is suffering from worsening road congestion.

Initial findings by the Japan International Cooperation Agency revealed that Metro Cebu loses around P1.1 billion per day due to traffic jams.

“It will cut travel time by half,” Metro Pacific Tollways CEO Rodrigo Franco told reporters on the sidelines of an event to jump-start the civil works for CCLEx.

He said CCLEx, the first bridge in the southern portion of Cebu City, would decongest the two existing bridges to Mactan Island by providing an alternative route for motorists. The target toll fee is P89, he said.

“There is a good value of time recognition among Cebuanos. Like in Metro Manila, they also see the congestion in the city,” Franco added.

CCLEx’s most distinct feature is its main bridge, a twin pylon cable-stayed structure, which will feature a lighted cross in recognition of the province’s historic Catholic roots.

The civil works contractors are Spain’s Acciona Construccion S.A., First Balfour Inc. and D.M. Consunji Inc.

The project also stands out because of its close partnerships with local government units. CCLEx is a venture with the City of Cebu and Municipality of Cordova.

The latter is expecting to see a dramatic shift in its economy, said Adelino Sitoy, former Cordova mayor and now secretary of the Presidential Legislative Liaison Office.

“I have been dreaming of this project for almost 30 years,” Sitoy told reporters.

He said land values in Cordova, one of the province’s smallest municipalities with a population of around 60,000 people, have surged. Tourism developments are also expected to pick up with the completion of the bridge.

For Franco, the CCLEx project marks the start of possible new expressway ventures in other parts of the Philippines.

(UPDATED) Jover Laurio, author of Pinoy Ako Blog (PAB), wrongly claimed in a July 1 post that a flood control project in Pampanga which partly eroded in June is under the Duterte administration’s "Build, Build, Build" program.

STATEMENT

Laurio’s post, "Ito Pala ang Build, Build, Build… (So this is the Build, Build, Build...)," carried screengrabs of a June 28 Reporter's Notebook episode on the June 19 erosion of almost a third of the P140 million dike in San Simon town, two days before its target completion date.

Laurio also included details of the project, which can be found in a tweet from the news program’s Twitter account:

Ano ba ang nangyari? pic.twitter.com/luBlCM5fYA— Reporters Notebook (@ReportersNBGMA7) June 28, 2018Before signing off the post, which was written as an open letter to President Rodrigo Duterte, Laurio suggested to the chief executive that he change his program’s name from “build, build, build” to “collapse, collapse, collapse.”

FACT

The San Simon flood control project is not under the Duterte administration’s P9 trillion ($180 billion) Build, Build, Build infrastructure program.

The dike is a project of the Department of Public Works and Highways’ Region III office, and is being carried out by the DPWH Unified Project Management Office-Flood Control Management Cluster (UPMO-FCMC), which “undertakes project implementation…on water and sediment related disaster mitigation.”

This piece of information is captured in Reporter’s Notebook’s shot of the dike’s project billboard, a DPWH-mandated signage that provides information about public infrastructure projects:

The rehabilitation of the San Simon dike is not among the 75 Build, Build, Build projects listed in the website of the National Economic Development Authority nor among the 61 projects listed in the program’s official website.

From the 4,000-plus infrastructure projects listed in NEDA’s 2017-2022 Public Investment Program -- “the rolling list of programs and projects to be implemented by the government” -- the multitrillion-peso infrastructure initiative “fast-tracks” approval and implementation of 75 projects the administration sees would “boost economic growth” by making “markets and business opportunities” more accessible, NEDA said.

The ambitious infrastructure program is expected to create 1.7 million jobs, drive countryside investments, sustain growth and reduce poverty.

Ranging from “complex road networks, long-span bridges, flood control and urban water systems, (to) public transport, port, airport, and railway investments,” projects under the Build, Build, Build program include those that were started during previous administrations, such as the expansion of the Mactan-Cebu International Airport that began in 2010 under former president Benigno “Noynoy” Aquino III and the development of the Tarlac-Pangasinan-La Union Expressway, conceived in 1996 during former President Fidel V. Ramos’s term.

Laurio’s inaccurate post could have reached more than 401,000 people. It came a few days after Presidential Spokesperson Harry Roque said at a press briefing that Duterte wanted Build, Build, Build projects in the provinces "implemented faster."

The story's biggest traffic generators from social media are the Facebook pages PinoyAko Blog, Thinking Class of the Philippines and SenTrillanes Power. PinoyAko Blog was created in January 2017.

UPDATE: Jover Laurio, author of Pinoy Ako Blog, has taken down her post and apologized for the error. Read her statement here.

Who is online

Users browsing this forum: No registered users and 10 guests

You cannot post new topics in this forumYou cannot reply to topics in this forumYou cannot edit your posts in this forumYou cannot delete your posts in this forumYou cannot post attachments in this forum